Montgomery, MN Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Montgomery, MN

Get Access to 300+ Local Data Points

B-

6%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

71%

Unemployment NAT. AVG.

Index	Montgomery	Minnesota	National
Income per capita	$28,064	$33,225	$29,829
Median household income	$56,042	$63,217	$55,322
Median income owner occupied	$69,482	$77,618	$70,586
Median income renter occupied	$39,097	$34,348	$35,192
Median earnings male	$43,750	$40,933	$36,919
Median earnings female	$33,505	$29,114	$26,250
Unemployment rate	1.3%	3.4%	4.7%
Poverty level	10.6%	10.8%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Key findings

The income per capita in Montgomery is 6% lower than the national average
The median household income in Montgomery is 1% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Montgomery is 71% lower than the national average
The poverty level in Montgomery is 30% lower than the national average

Compare Montgomery, MN Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Montgomery

See all the best places to live around Montgomery

Write a review to give others more information about this area.

See all Montgomery poll results

am i middle class

$37,357 $56,042 $112,084

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Minnesota

Here are the best places to live in Minnesota

See the best places to live in Montgomery

These are the largest cities in Minnesota

Check out the 10 safest cities in Minnesota

Montgomery median earnings by income bracket

Montgomery employment by industry

Labour Type	Male	Female
Construction industry	31.7%	31.7%
Manufacturing sector	23.3%	23.3%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	10.4%	10.4%
Public administration	3.6%	3.6%
Transportation, warehousing & utilities	4.6%	4.6%
Education, health & social services	3.2%	3.2%
Other	20.8%	20.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Elko New Market, MN	4,715	$133,333	141.0%
Warsaw, MN	925	$106,705	92.9%
Lonsdale, MN	4,102	$95,398	72.4%
Heidelberg, MN	216	$95,000	71.7%
Belle Plaine, MN	7,137	$86,422	56.2%
Montgomery, MN	3,008	$56,042	1.3%

Cities with similar population

City	Population	Household Income	National Avg.
Moundville, AL	3,008	$53,397	3.5%
Afton, MN	3,008	$109,387	97.7%
Gloverville, SC	3,008	$42,444	23.3%
Beechwood, MS	3,007	$66,450	20.1%
Santa Rosa, NM	3,007	$32,969	40.4%
Montgomery, MN	3,008	$56,042	1.3%

Source: The Montgomery, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).